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It’s easy to work in a shared office, but what about moving into a “co-living” space?

A building in pricey West London will soon take this new trend in dormlike dwellings to a new level. Co-living spaces are typified by individual bedrooms, sometimes tiny ones, mixed with an abundant package of shared amenities. The 550-unit Old Oak, whose size makes it the world’s biggest co-living property, debuts next week to its first residents, according to the Spaces.

Of course, the 11-story building gives a special nod to the city’s millennial population, which Curbed says values turnkey convenience. There are small-but-furnished bedrooms and shared kitchens, but it’s the rents that speak more highly to young folks not earning much: Rents range from the equivalent of $327 to $582 per week. Citywide, average rents are reported to be over $2,100 per month.

It’s not dirt cheap, but the prices cover internet, utilities, access to a full-time concierge and twice-monthly room cleaning and linen services.

Shared spaces throughout the development total 10,000 square feet. Beyond kitchens, there are lounges, a 400-desk co-working space, a public restaurant and a movie screening room.

The building will also deliver a gym, spa, library, game room and roof terrace.

Even though the bulk of features must be used alongside other tenants, the property also offers private spaces for smaller gatherings. They include three dining rooms, which renters can reserve to entertain their friends.

On this side of the pond, shared office provider WeWork launched WeLive on Wall Street in downtown Manhattan, which similarly has shared lounges, kitchens and dwellings with Murphy beds. Prices begin at $1,375 monthly and additional locations are planned for later this year in the Washington, DC, area. Other concepts include Pure House in Brooklyn — a millennial commune that rents out bedrooms for between $1,600 and $4,000 monthly to tenants who want to live in a like-minded community.